Next week, is a key week for a nation deciding its fate. Yes, I am referencing to the referendum dubbed as the so called 'Brexit'. The term Brexit refers to the notion that the people of United Kingdom will participate in the referendum being held on the 23 June 2016 to make a decision whether…
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Its been some time since we posted on the blog. To recap, back in March 2016, we posted and called a bottom in the market place and gave potential upside targets. Since then the market has surpassed those levels. The article 'Is the Market rally set to continue' could be read here. Lets review the…
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Forex Update – weekend review – 2 – 3 April 2016 EURUSD has been rising since forming a bullish Gartley pattern formation highlighted in the blue shaded region. Strong support came in at 5 January 2016, which has resulted in this rally of about 700 pips in the last 3 months or so. Now, in…
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S&P 500, Dow Jones Industrial Average, Russell 2000 and the New York Stock Exchange index: For the past few weeks we have been discussing a key pattern formation which took place at key levels and resulted in a double bottom. This key pattern formation took place on several key U.S. equity indices. Most notable of…
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In the 14 February 2016 article, we discussed that the Gold price had reached our upside zone which we had discussed in our 6 December 2015 article, Gold rises from a key pattern formation. Looking at the weekly chart below, we can see that the Gold price has been consolidating for the past couple of weeks…
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In our 14 February 2016 article, we had mentioned that a potential rally was underway and this is what we got. Now the 64 dollar question is that whether this rally has legs? In the US the picture is much better than in Europe which remains much weaker. In this article we also discuss the…
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S&P 500, Dow Jones Industrials, New York Stock Exchange - 14 February 2016 Stock markets around the world have been trading under stress. We have seen huge declines in the Chinese stock market, European stock markets and also in the United States Stock markets. Its been some time since we have updated the charts for…
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